Central Management, Inc. (CMI) was founded by Houston real estate professional Vic Vacek in 1978. With 43 years of dedicated Texas experience, the CMI team thoroughly understands the intricacies of the Houston real estate market in a way that few others do. This familiarity offers real estate investors an edge both from a leasing and an asset management perspective.
Central Management, Inc. is a full-service real estate firm providing clients with expertise in property management, development, brokerage, leasing, facility management, consulting, property rehabilitation, and construction coordination. The firm was awarded the prestigious AMO® accreditation in 1984, signifying CMI’s observed commitment to financial responsibility, reliability, integrity, and professional competence. Across the United States, Canada, China and Japan, there are over 500 AMO® firms that meet the most stringent requirements necessary to qualify for this accreditation.
Central Management, Inc. is a professional real estate leasing and asset management firm, for the real estate investor who wants to maximize profits and maintain a depreciable asset for long-term appreciation. Professional management is the key necessary to reach the ultimate economic goal of an investment property.
Given the growing trend of international real estate firms, CMI offers a refreshing and valuable approach to property management. Houston owned and operated with 45 years of consistent leadership, CMI provides rapid and responsive attention to owner and tenant needs. Since inception, CMI has managed more than 1 Billion square feet of property including office buildings, retail centers, industrial sites, multi-family complexes, RV parks, medical facilities, government institutions, and non-profit organizations.
Relationships form the basis of effective management, and CMI’s commitment to this principle is evidenced by 35 years of uninterrupted management of Diho Plaza, one of Houston’s premier Chinatown landmarks. CMI has several other management relationships nearing 30 years, including Goose Creek Consolidated Independent School District, Center for Hearing and Speech, and Hollyview Apartments.
CMI’s professional brokers have the experience necessary to help owners navigate the endless leasing options available in the country’s fourth most populous city. In the last two decades alone, CMI has brokered sales transactions in excess of $375 million in addition to overseeing the disposition of over 1,500 acres of raw land.
Mr. Vacek has a B.B.A. degree in Business Administration from the University of Houston, is a Certified Property Manager, holds a Texas Real Estate Brokers License and an Oklahoma State Brokers License. He has a real estate background dating from 1969 when he was a member of the Vantage organization, where he was responsible for commercial property management. He managed over 1,600,000 square feet of retail/service area and over 2,000,000 square feet of industrial space.
In 1977 he became President and General Manager of the Houston division of McKinney and Company, a Pittsburgh based real estate firm. His responsibilities at that time included the supervision of all retail and on-site personnel, the preparation of annual budgets, the monthly income and expense statements for all property owners, and the negotiation of service contracts (including those concerning major renovations.)
Victor founded Central Management Inc in 1978. CMI is a boutique firm specializing in commercial real estate property management and brokerage services. Management services include property, facility and construction management. Brokerage services include landlord representation, tenant representation, sales, asset valuation, real estate recovery and consulting advisory services.
Mr. Vacek has been a Certified Property Manager for over 40 years and CMI has been an Accredited Management Organization “AMO®” since 1984. He is very involved in the commercial real estate community, where in 1982 he was selected “Manager of the Year” by the Houston IREM chapter; served as President of Institute of Real Estate Management “IREM,” Chairman of AMO® Foe; review Board for IREM National, and President of the Houston Apartment Association. Victor continues to serve on various community and association committees.